Oil Prices Fall Despite Crude Inventory Draw ...Middle East

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Oil Prices Fall Despite Crude Inventory Draw
source : OILPRICE ( Middle East ) () 29
Crude oil prices inched lower today, after the U.S. Energy Information Administration reported an inventory draw of 4.6 million barrels for the week to April 14. This compared with a modest build in crude oil inventories for the previous week, at 600,000 barrels. For the week before that, however, the EIA had estimated a sizeable draw of 3.7 million barrels. In fuels, the EIA estimated mixed changes in inventories for the week ending April 14. Gasoline inventories added 1.3 million barrels during that week, according to the EIA, with…

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